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1 Avo Banco Nacional Ultramarino

Issuer Banco Nacional Ultramarino
Year 1942
Type Standard circulation banknote
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Obverse lettering BANCO NACIONAL ULTRAMARINO UM AVO MACAU 仙壹 GERENTE
(Translation: Overseas National Bank One Avo Macau One Cent Manager)
Reverse description The reverse is printed in a single brown tone with a large central guilloche medallion enclosing the text UM AVO, flanked symmetrically by floral and foliate vignettes. A curved banner at the top carries the bank name and MACAU at each side, while the Chinese legend for the bank runs along the lower margin.
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Comments

Bradbury, Wilkinson printed this note for Macau during the Second World War, a period when Japanese forces had occupied the surrounding Pearl River Delta but — uniquely among European territories in the region — left the Portuguese enclave itself alone, owing to Portugal's wartime neutrality. That political anomaly kept the Banco Nacional Ultramarino functioning and its currency in local circulation when nearly every neighboring monetary system had collapsed under occupation.

At 73 × 41 mm, this is among the smallest-format notes BNUever issued for any of its territories. The 1 Avo denomination was fractional even by Macanese standards.

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